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Meta To Start Layoffs Globally From Next Week: Report
- Saturday February 8, 2025
- World News | Reuters
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday.
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www.ndtv.com
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Microsoft Hires Meta's Former Engineering Head Jay Parikh
- Friday November 1, 2024
- World News | Matt Day, Kurt Wagner and Dina Bass, Bloomberg
Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.
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www.ndtv.com
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Ex Employee Gets 5 Years Jail For Stealing $5 Million From Facebook, Nike
- Friday May 17, 2024
- World News | Edited by Muskaan Sharma
A former Meta and Nike employee, who was hired to boost workplace diversity, has been charged for stealing $5 million from the companies to fund a "luxury lifestyle".
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www.ndtv.com
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Meta Hires Team Responsible for Building AI Networking Tech at Graphcore
- Saturday May 6, 2023
- Reuters
Meta Platforms has hired an Oslo-based team that until late last year was building artificial-intelligence networking technology at British chip unicorn Graphcore. A Meta spokesperson confirmed the hirings in response to a request for comment, after Reuters identified 10 people whose LinkedIn profiles said they worked at Graphcore until December ...
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www.gadgets360.com
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Dropbox to Reduce Workforce by 16 Percent, Plans to Hire New Staff for AI Offerings
- Thursday April 27, 2023
- Reuters
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...
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www.gadgets360.com
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Meta to Announce Companywide Layoffs Across Facebook, Instagram and WhatsApp: Details
- Wednesday April 19, 2023
- Ed Ludlow, Bloomberg
Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.
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www.gadgets360.com
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Meta Planning Lower Bonus Payouts for Some Employees: Report
- Tuesday March 28, 2023
- Reuters
Meta will reportedly lower bonuses for some employees. The parent company of Facebook will also conduct performance assessments frequently, according to a report citing an internal memo. The bonus multiplier for that grade has been cut to 65 percent from 85 percent earlier.
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www.gadgets360.com
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Ex-Meta Employee Claims She Received Rs 1.5 Crore To Do "Nothing"
- Friday March 24, 2023
- Feature | Edited by Anoushka Sharma
She explained how Meta was not hiring new employees while she was there in the clip titled "Getting paid $190k to do nothing at Meta".
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www.ndtv.com
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Facebook Parent Meta to Lay Off 10,000 Employees Just Four Months After First Round of Job Cuts
- Tuesday March 14, 2023
- Reuters
Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs. "We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," Chief Executive Of...
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www.gadgets360.com
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
- Wednesday February 22, 2023
- Reuters
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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www.gadgets360.com
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Facebook's Skewed Audience For Job Ads Triggers New Complaint
- Thursday December 1, 2022
- World News | Reuters
Meta Platforms Inc unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or age group.
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www.ndtv.com
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Apple Continues Hiring for Mixed Reality Headset Project; Listing Hints at 3D World, Video Service: Gurman
- Monday November 14, 2022
- Written by Nithya P Nair, Edited by David Delima
Apple is working on a mixed reality headset. The iPhone maker is reportedly hiring engineers for teams working on its AR and VR technology ahead of the rumoured launch of the device in 2023. A job listing has suggested some of the device’s capabilities ahead of its expected debut next year.
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www.gadgets360.com
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Meta Doubled Staff To Over 87,000 In 2 Years, Saw Covid As Growth Time
- Wednesday November 9, 2022
- World News | Written by Aarish Chhabra
Facebook's parentMeta, which has now laid off around 11,000 employees,hired more than that in 9 months this year alone
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www.ndtv.com
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Meta to Lay Off More Than 11,000 Employees in One of Biggest US Job Cuts in 2022
- Wednesday November 9, 2022
- Reuters
Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The firm said it would pay 16 weeks of base pay plus two additional weeks for every year of service as a part of the severance ...
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www.gadgets360.com
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Facebook Parent Meta Said to Prepare Large-Scale Layoffs This Week Ahead of Weak Holiday Quarter
- Monday November 7, 2022
- Reuters
Facebook parent Meta is said to be planning to begin large-scale layoffs that are expected to affect thousands of employees this week, according to a report. The company had forecasted a weak holiday quarter and said it anticipated significantly more costs next year, amid the company contending with slowing global economic growth, competition from ...
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www.gadgets360.com
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Meta To Start Layoffs Globally From Next Week: Report
- Saturday February 8, 2025
- World News | Reuters
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday.
-
www.ndtv.com
-
Microsoft Hires Meta's Former Engineering Head Jay Parikh
- Friday November 1, 2024
- World News | Matt Day, Kurt Wagner and Dina Bass, Bloomberg
Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.
-
www.ndtv.com
-
Ex Employee Gets 5 Years Jail For Stealing $5 Million From Facebook, Nike
- Friday May 17, 2024
- World News | Edited by Muskaan Sharma
A former Meta and Nike employee, who was hired to boost workplace diversity, has been charged for stealing $5 million from the companies to fund a "luxury lifestyle".
-
www.ndtv.com
-
Meta Hires Team Responsible for Building AI Networking Tech at Graphcore
- Saturday May 6, 2023
- Reuters
Meta Platforms has hired an Oslo-based team that until late last year was building artificial-intelligence networking technology at British chip unicorn Graphcore. A Meta spokesperson confirmed the hirings in response to a request for comment, after Reuters identified 10 people whose LinkedIn profiles said they worked at Graphcore until December ...
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www.gadgets360.com
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Dropbox to Reduce Workforce by 16 Percent, Plans to Hire New Staff for AI Offerings
- Thursday April 27, 2023
- Reuters
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. Dropbox's chief executive officer, Drew Houston, said the company's core cloud business growth was slowing as challenges from the economic downturn put pr...
-
www.gadgets360.com
-
Meta to Announce Companywide Layoffs Across Facebook, Instagram and WhatsApp: Details
- Wednesday April 19, 2023
- Ed Ludlow, Bloomberg
Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.
-
www.gadgets360.com
-
Meta Planning Lower Bonus Payouts for Some Employees: Report
- Tuesday March 28, 2023
- Reuters
Meta will reportedly lower bonuses for some employees. The parent company of Facebook will also conduct performance assessments frequently, according to a report citing an internal memo. The bonus multiplier for that grade has been cut to 65 percent from 85 percent earlier.
-
www.gadgets360.com
-
Ex-Meta Employee Claims She Received Rs 1.5 Crore To Do "Nothing"
- Friday March 24, 2023
- Feature | Edited by Anoushka Sharma
She explained how Meta was not hiring new employees while she was there in the clip titled "Getting paid $190k to do nothing at Meta".
-
www.ndtv.com
-
Facebook Parent Meta to Lay Off 10,000 Employees Just Four Months After First Round of Job Cuts
- Tuesday March 14, 2023
- Reuters
Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs. "We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," Chief Executive Of...
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www.gadgets360.com
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
- Wednesday February 22, 2023
- Reuters
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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www.gadgets360.com
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Facebook's Skewed Audience For Job Ads Triggers New Complaint
- Thursday December 1, 2022
- World News | Reuters
Meta Platforms Inc unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or age group.
-
www.ndtv.com
-
Apple Continues Hiring for Mixed Reality Headset Project; Listing Hints at 3D World, Video Service: Gurman
- Monday November 14, 2022
- Written by Nithya P Nair, Edited by David Delima
Apple is working on a mixed reality headset. The iPhone maker is reportedly hiring engineers for teams working on its AR and VR technology ahead of the rumoured launch of the device in 2023. A job listing has suggested some of the device’s capabilities ahead of its expected debut next year.
-
www.gadgets360.com
-
Meta Doubled Staff To Over 87,000 In 2 Years, Saw Covid As Growth Time
- Wednesday November 9, 2022
- World News | Written by Aarish Chhabra
Facebook's parentMeta, which has now laid off around 11,000 employees,hired more than that in 9 months this year alone
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www.ndtv.com
-
Meta to Lay Off More Than 11,000 Employees in One of Biggest US Job Cuts in 2022
- Wednesday November 9, 2022
- Reuters
Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The firm said it would pay 16 weeks of base pay plus two additional weeks for every year of service as a part of the severance ...
-
www.gadgets360.com
-
Facebook Parent Meta Said to Prepare Large-Scale Layoffs This Week Ahead of Weak Holiday Quarter
- Monday November 7, 2022
- Reuters
Facebook parent Meta is said to be planning to begin large-scale layoffs that are expected to affect thousands of employees this week, according to a report. The company had forecasted a weak holiday quarter and said it anticipated significantly more costs next year, amid the company contending with slowing global economic growth, competition from ...
-
www.gadgets360.com